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After looking through her budget, Marie can afford a $250 per month car payment. The sales person at the dealership says most loans for a

After looking through her budget, Marie can afford a $250 per month car payment. The sales person at the dealership says most loans for a used car are being financed for 4 years at 4.5% interest.

What cost of car can Marie afford? Also be sure to explain how a down payment effects the amount in this scenario.

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